North America Grape Seed Extract Market Size & Outlook
North America grape seed extract market, 2017-2030 (US$M)
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North America grape seed extract market highlights
- The North America grape seed extract market generated a revenue of USD 67.1 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, powder was the largest revenue generating product in 2023.
- Liquid is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 67.1 million |
| Market revenue in 2030 | USD 120.3 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Powder |
| Fastest growing segment | Liquid |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powder, Liquid |
| Key market players worldwide | Naturex, NetQem, Botanic Innovations, Polyphenolics, Nexira, Hunan Nutramax, Piping Rock Health Products, LLC |
Other key industry trends
- In terms of revenue, North America region accounted for 38.3% of the global grape seed extract market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 98.0 million by 2030.
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Grape Seed Extract Market Scope
Grape Seed Extract Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America grape seed extract market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to grape seed extract market will help companies and investors design strategic landscapes.
Powder was the largest segment with a revenue share of 76.01% in 2023. Horizon Databook has segmented the North America grape seed extract market based on powder, liquid covering the revenue growth of each sub-segment from 2017 to 2030.
The grape seed extract market are one of the largest fruit crops in North America, of which around 80% accounts for wine making. The solid waste in wineries accounts for around 25–30% in the process of winemaking. These wastes are cost-effective raw materials that make extracts containing complex and simple flavonoids, anthocyanins, catechin, and phenolic acids.
With abundant presence of wineries in the region resulting in availability of raw materials and increasing demand from application industries, the manufacturing and consumption of grape seed extracts have been on the rise.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America grape seed extract market , including forecasts for subscribers. This continent databook contains high-level insights into North America grape seed extract market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America grape seed extract market size, by country, 2017-2030 (US$M)
North America Grape Seed Extract Market Outlook Share, 2023 & 2030 (US$M)
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